Foresight Wealth Management LLC Trims Stake in iShares Floating Rate Bond ETF (FLOT)

Foresight Wealth Management LLC trimmed its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 70.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,322 shares of the company’s stock after selling 20,138 shares during the period. Foresight Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $424,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Cape ANN Savings Bank lifted its holdings in iShares Floating Rate Bond ETF by 1.3% in the first quarter. Cape ANN Savings Bank now owns 70,866 shares of the company’s stock valued at $3,608,000 after buying an additional 930 shares during the period. Moors & Cabot Inc. boosted its holdings in iShares Floating Rate Bond ETF by 19.0% during the first quarter. Moors & Cabot Inc. now owns 7,808 shares of the company’s stock worth $398,000 after purchasing an additional 1,246 shares during the last quarter. Wealthstreet Investment Advisors LLC acquired a new position in iShares Floating Rate Bond ETF during the first quarter worth $451,000. WestEnd Advisors LLC boosted its holdings in iShares Floating Rate Bond ETF by 23.9% during the first quarter. WestEnd Advisors LLC now owns 356,213 shares of the company’s stock worth $18,135,000 after purchasing an additional 68,689 shares during the last quarter. Finally, LVW Advisors LLC boosted its holdings in iShares Floating Rate Bond ETF by 19.8% during the first quarter. LVW Advisors LLC now owns 17,080 shares of the company’s stock worth $870,000 after purchasing an additional 2,825 shares during the last quarter.

FLOT traded up $0.01 during trading hours on Wednesday, hitting $50.89. 81,289 shares of the company’s stock were exchanged. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10.

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were issued a dividend of $0.1243 per share. This represents a $1.49 annualized dividend and a yield of 2.93%. The ex-dividend date of this dividend was Wednesday, May 1st.

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Institutional Ownership by Quarter for iShares Floating Rate Bond ETF (BATS:FLOT)

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